LAW(S) GOVERNING THE E-FORM CHG-1: E-Form CHG-1 is required to be filed pursuant to Section 77, 78 and 79 and Section 384 and Rule 3 of the Companies (Registration of Charge) Rules, 2014. MEANING OF CHARGE: As per Section 2(16) of Companies Act 2013, “charge” means an interest or lien created on the property or […]
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Facts of the Transaction: Company shall provide loan to a company in whom few directors on Board of the Borrowing Company will be same. Applicable Sections: Section 179, 180, 185, 186 of the Company Act 2013. Law(s) Governing the Transaction: Section 185 of the 2013 Act, prohibited companies from advancing any loan (including loan represented
An Initial Public Offering (IPO) is the process by which a company offers its shares to the public for the first time, thereby transitioning from being a privately held company to a publicly traded one. It is a significant event for a company as it allows it to raise capital from public investors and provides
